Greek Bailout-revision Talks End Without Deal: Report
Bailout negotiations between Greece and its international lenders in Brussels ended on Tuesday without a deal on revised reforms, Reuters reported, citing Greek government officials. Athens must come to an agreement with the International Monetary Fund and EU creditors to unlock the next tranche of its bailout, and looks set to run out of cash in April if it does not. But the halt in technical talks is not a breakoff, but instead just a sign the process is slow-moving, according to one Greek official. Progress on Greece's reform proposals has been made, and negotiations could pick up again next week, the official told Reuters.
Copyright © 2015 MarketWatch, Inc.